Rent Calculator for Colorado (2026)
Colorado (CO) Key Facts
Average 1 B R Rent
$1,500
Average 2 B R Rent
$1,950
Annual Rent Growth Rate
4-6%
Rent Control Exists
No
Average Annual Rent (1 B R)
$18,000
How This Calculator Works in Colorado
This rent calculator helps you estimate your total annual rental costs in Colorado, including base rent, utilities, renter's insurance, and other fees. It uses Colorado's average rent data as a starting point and lets you customize the inputs for your specific apartment. Use it to compare rental options and budget for the true cost of renting.
Colorado Overview
Average rents in Colorado are approximately $1,500/month for a 1-bedroom and $1,950/month for a 2-bedroom. Colorado does not have statewide rent control, so landlords can raise rent by any amount at lease renewal with proper notice. Factor in state income taxes when assessing how much rent you can afford in Colorado.
How Colorado Compares
Colorado's average 1BR rent of $1,500 is above the national average of roughly $1,200. Neighboring Utah has an average 1BR rent of $1,300, lower than Colorado. States with major metro areas and tight housing markets tend to have the highest rents nationwide.
| State | Top Rate | Notes |
|---|---|---|
| Utah | $1,300 | Average 1BR rent is $1,300 per month and 2BR rent is approximately $1,690. No statewide rent control. |
| Wyoming | $900 | Average 1BR rent is $900 per month and 2BR rent is approximately $1,170. No statewide rent control. |
| Kansas | $850 | Average 1BR rent is $850 per month and 2BR rent is approximately $1,105. No statewide rent control. |
The average 1BR rent in Colorado is $1,500 per month, compared to the national average of approximately $1,200. Colorado rents are above the national average. Colorado does not have statewide rent control.
Tips for Colorado Residents
- 1Average rent in Colorado is approximately $1,500/month for a 1-bedroom and $1,950/month for a 2-bedroom. Use these as benchmarks when evaluating whether a listing is fairly priced.
- 2Colorado does not have statewide rent control, so landlords can raise rent by any amount at lease renewal with proper notice.
- 3Follow the 30% rule: aim to spend no more than 30% of your gross monthly income on rent. In Colorado, a $1,500/month apartment requires a gross income of about $60,000 per year.
- 4Before signing a lease in Colorado, clarify what is included—utilities, parking, laundry, and pet policies can significantly affect your total monthly housing cost.
- 5Account for state income taxes in Colorado when assessing whether a rental fits your budget. Your net pay, not gross, determines what you can comfortably afford.
Frequently Asked Questions
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